5-Step ITIN Loan Process
Our streamlined process is specifically designed for ITIN holders. Each step is designed to be simple, transparent, and ITIN-friendly.
ITIN Verification
Verify your ITIN status and ensure all documentation is current and valid
Requirements:
- Valid ITIN letter
- Current ITIN status
- Government-issued photo ID
Income Documentation
Provide income verification using ITIN-friendly documentation methods
Requirements:
- W-2 forms
- Pay stubs
- Bank statements
- Employment verification
Credit Assessment
Complete credit evaluation with alternative credit sources if needed
Requirements:
- Credit report authorization
- Alternative credit sources
- Rent payment history
Property Selection
Work with our team to find and select your ideal property
Requirements:
- Property preferences
- Budget parameters
- Location requirements
Program Approval
Final approval and lease-to-own agreement preparation
Requirements:
- All documentation verified
- Property inspection completed
- Agreement terms finalized
ITIN-Specific Requirements
Understanding our ITIN-specific requirements helps ensure a smooth application process. Our program is designed to work with your unique situation.
ITIN Documentation
- Valid ITIN letter from IRS
- Current ITIN status
- Valid government-issued photo ID
- Proof of ITIN usage for tax purposes
Income Requirements
- Stable employment for 2+ years
- Sufficient income to cover payments
- W-2 forms and pay stubs
- Bank statements for income verification
Credit Requirements
- Minimum 580 credit score
- Alternative credit sources accepted
- Rent payment history
- Utility payment history
Property Requirements
- Primary residence only
- Single-family homes, townhouses, condos
- Property must meet safety standards
- Homeowners insurance required
Why Choose DreamBuilder for ITIN Holders?
Our program offers unique advantages specifically designed for ITIN holders who want to achieve homeownership.
No SSN Required
ITIN holders can apply without a Social Security Number
96.5% LTV Financing
Maximum financing with only 3.5% down payment required
Flexible Credit Requirements
580 credit score minimum with alternative credit options
Government Entity Backing
Secure program with government entity backing
Equity Building
Build equity while renting, position for traditional financing
Nationwide Availability
Available in all 50 states and territories
Frequently Asked Questions
Common questions about the DreamBuilder ITIN loan process.
Do I need a Social Security Number to apply?
No, ITIN holders can apply using their ITIN (Individual Taxpayer Identification Number) instead of an SSN.
What ITIN documentation do I need?
You'll need your valid ITIN letter from the IRS, government-issued photo ID, and proof of ITIN usage for tax purposes.
Can I apply if my ITIN is pending?
You need a valid, active ITIN to apply. If your ITIN is pending, you'll need to wait until it's approved.
What income documentation is required?
W-2 forms, pay stubs, bank statements, and employment verification are typically required.
Is there a minimum credit score requirement?
Yes, a minimum 580 credit score is required, but we also accept alternative credit sources.
How long does the process take?
The complete process typically takes 6-8 weeks from initial application to program approval.